Today: 23 February 2026
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NYSE:RNG 23 February 2026

RingCentral stock slips in premarket as Piper Sandler lifts target after dividend-driven surge

RingCentral stock slips in premarket as Piper Sandler lifts target after dividend-driven surge

RingCentral shares fell 0.8% to $39.20 premarket Monday after surging 34.6% Friday on news of a new dividend and strong cash-flow outlook. Piper Sandler raised its price target to $37 but kept a Neutral rating. The company reported 2025 revenue of $2.515 billion and free cash flow up 32% to $530 million. Investors are watching if cash returns and customer retention hold through 2026.
23 February 2026
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RingCentral stock price near $40 in premarket after 34% jump — what Wall Street is watching now

RingCentral stock price near $40 in premarket after 34% jump — what Wall Street is watching now

RingCentral shares traded near $39.50 premarket Monday after jumping 34.4% Friday, following a new dividend, expanded buyback, and strong free cash flow forecast. Oppenheimer, Rosenblatt, Mizuho, and Morgan Stanley all raised price targets, citing AI momentum and margin gains. The company is integrating OpenAI’s GPT-5.2 for enterprise voice AI. Revenue growth for 2026 is projected at 4% to 5%.
23 February 2026
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